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Sep
1st

CHINA: BYD shares rise on Buffett stake speculation

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Hong Kong listed BYD's share price has risen on speculation that US billionaire investor Warren Buffett intends to raise his stake in the company. Full story...
Sep
1st

GERMANY: Stock market investigators launch fresh Porsche probe

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Porsche Automobile Holding faces a fresh probe into insider trading charges linked to its failed attempt to take over Volkswagen, a prosecutor's spokesman has said. Full story...
Sep
1st

UK: Tata to raise cash for JLR unit

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Tata Motors plans to raise at least GBP100m (US$162m) for its UK car-makers Jaguar and Land Rover, according to the Financial Times, citing Tata vice-chairman Ravi Kant. Full story...
Sep
1st

ITALY: Magnetti Marelli and FAAM sign battery agreement

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Fiat's component unit Magneti Marelli has signed an agreement with FAAM to develop, produce and sell lithium batteries, the automaker said. Full story...
Sep
1st

SWEDEN: Geely is sole bidder for Volvo Cars – report

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Chinese carmaker Geely is the only firm to have submitted a 'concrete' bid so far for Ford's up-for-sale Volvo Cars unit, according to Swedish business newspaper Dagens Industri. Full story...
Sep
1st

US: Ford expects August sales rise

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Ford expects to report a rise in US vehicle sales for August and its top sales analyst suggested the industry might post its first monthly year on year rise since October 2007. Full story...
Sep
1st

JAPAN: July vehicle output down 32%

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Japanese domestic production of cars, trucks and buses fell 31.9% in July from a year earlier to 742,284 units for the 10th straight month of decline, the Japan Automobile Manufacturers Association said. Full story...
Sep
1st

Hyundai Sonata – leaked pics

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Official photos of the Korean Mondeo rival leak onto the web


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Sep
1st

JAPAN: Car sales rise for once

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New vehicle sales in Japan have risen for the first time in 13 months. Full story...
Sep
1st

OPEL UPDATE: EU warns Germany on aid

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The European Union has reminded the German government that any state aid for GM's Opel subsidiary could not be conditional on saving German jobs. Full story...
Sep
1st

Ford C-MAX spied

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Ford's Zafira rival spied ahead of its Frankfurt debut this month


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Sep
1st

Qashqai shows new face

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Best-selling crossover gets first major facelift since 2007 launch


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Sep
1st

This week’s mag

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Performance Car of the Year, BMW's Frankfurt supercar, Ferrari 458 hits the road, Lambo's next Murcielago
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Sep
1st

INDIA/UK: JLR sales slump drags Tata to loss

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Slumping sales of Jaguars and Land Rovers saw owner Tata Motors post a 3.3bn rupee (US$68.4m) consolidated loss for the June quarter against year-ago profits of 7.2bn rupees. Year-ago numbers don't include JLR which Tata bought from Ford in June last year. Full story...
Sep
1st

CHINA: New FAW-GM joint venture targets China’s LCV market

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General Motors has announced a new vehicle manufacturing joint venture with China's FAW Group, primarily targeting China's fast-expanding light commercial vehicle (LCV) market. Full story...
Sep
1st

Alfa Mito DNA is in your jeans

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Conceived to celebrate the unique genealogy passed from the breathtaking Alfa 8C Competizione supercar to the head-turning Alfa MiTo, the Italian sporting car manufacturer, Alfa Romeo, paired up with TV's fashion expert, Louise Roe, to challenge two up-and-coming fashion designers to create a line of women's jeans that would be as cool and desirable as the Alfa MiTo and, and at the same time, raise money for charity. Full story...
Sep
1st

Mercedes drivers enjoy better road safety

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This is the result of a study of Mercedes accident research based on official, anonymous data samples from the Federal Office of Statistics. Having looked at 18,748 accidents resulting in personal injury during the period from 2003 to 2007, the study found that the risk of being seriously or fatally injured as the driver of a E‑Class, is 10.4 percent lower than for comparable vehicles of other brands. Full story...
Sep
1st

New 2010 Dodge Caliber : Refined Diesel Engine for International Markets

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Auburn Hills, Mich., - Dodge Caliber is a five-door C-segment hatchback that combines a sporty coupe-like profile with the strength, stance and functionality of an SUV. It features an all-new refined interior and Common-rail Diesel (CRD) engine to satisfy the needs of discerning international customers. Full story...
Sep
1st

Volvo to update C70 design

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The new 2011 Volvo C70 that will be introduced at the Frankfurt Motor Show September 15 will reveal a new front end, rear end and minor changes to the interior design. The vehicle will continue to offer a three-piece retractable hardtop, seating for four and world-class safety. With the mid-cycle refresh, Volvo Car Corporation intends to heighten the desirability factor of the vehicle. Full story...
Sep
1st

Hyundai introduces own version of Cash for Clunkers

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Hyundai Canada wants your pre-1995 vehicle. Hand over the keys and they'll gladly give you $500 to $1,000. There are certain conditions of course. For starters, you have to purchase a new Hyundai, and consent to having your old ride taken off the road forever and ever. Full story...
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